Sulphates; of Barium Price in Bangladesh - 2022

Contents:

  1. Sulphates; of Barium Price in Bangladesh (CIF) - 2022
  2. Sulphates; of Barium Imports in Bangladesh

Sulphates; of Barium Price in Bangladesh (CIF) - 2022

The average sulphates; of barium import price stood at $990 per ton in 2022, increasing by 4.1% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of barium import price increased by +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The import price peaked at $1,140 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,219 per ton), while the price for China ($920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphates; of Barium Imports in Bangladesh

In 2022, approx. 1K tons of sulphates; of baria were imported into Bangladesh; which is down by -15% against 2021 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports reached the peak of 1.2K tons, and then declined in the following year.

In value terms, sulphates; of barium imports contracted to $1M in 2022. In general, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 118% against the previous year. As a result, imports reached the peak of $1.1M, and then dropped in the following year.

Import of Sulphates; of Barium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5664351,04783814.0%
India37.762.753.295.036.1%
United Kingdom21.811.619.756.737.5%
Others43.412.918.016.9-27.0%
Total6685221,1381,00614.6%

Top Suppliers of Sulphates; of Barium to Bangladesh in 2022:

  1. China (910.9 tons)
  2. India (80.9 tons)
  3. United Kingdom (17.6 tons)

Source: IndexBox Market Intelligence Platform

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